The Fair Share Report

804 Second St

Secaucus, NJ 07094

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $580,408

Likely range $470,110 – $722,493, from 12 comparable Secaucus sales in the past 18 months, at this home's 1,209 sq ft.

Step 2 · The Director's Ratio

37.10%

The state's official measure of how far Secaucus assessments sit below market value — republished every October, applied town-wide. A $580,408 home should be assessed near $215,331.

Step 3 · Assessed value

$502,100

Set at the last town-wide revaluation and mostly frozen since. That's $286,769 above what the ratio math suggests (133.2%).

Step 4 · The tax rate — same for every Secaucus home

$4.267 per $100 assessed

$1.462 Schools · 34% $0.853 County · 20% $1.952 Town · 46%

Step 5 · The bill

$21,430/yr
Public schools$7,342
Hudson County$4,284
Town of Secaucus$9,803
Secaucus average$7,664

This home vs. every recent Secaucus sale · assessed ÷ market

Town median 27.9%
This home · 86.5%

14%112%

Looks meaningfully over-assessed

Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (42.66%) — roughly $12,236/yr at stake. NJ appeals are generally due April 1.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
72 CENTRAL LANE2025-12$995,00010.5%
34 ELIZABETH COURT2025-11$775,0001,24823.3%
2 ALLAN TERRACE2025-06$710,0001,19524.4%
21 PIKEVIEW TERRACE2025-08$650,0001,15827.1%
729 FIRST STREET2026-04$600,0001,29626.5%
273 JULIANNE TERRACE2025-06$727,5001,09223.6%
461 DUNLIN PLAZA2025-04$460,0001,18328.4%
35 RIVERVIEW COURT2026-05$530,0001,10423.5%
12 RIVERVIEW COURT2025-05$420,0001,10429.7%
817 SEVENTH STREET2026-04$860,00030.8%
1137 STONEWALL LANE2025-10$735,0001,12421.2%
39 GREEN VALLEY COURT2025-08$422,0001,28729.6%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →